MOM

AGFiQ U.S. Market Neutral Momentum Fund
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16
*Unless otherwise stated, data provided by FactSet.

MOM Fund Description

MOM tracks an equal-weighted index that goes long high-momentum US stocks and short low-momentum US stocks.

MOM Factset Analytics Insight

MOM’s poor returns take a backseat to major concerns about whether the fund will remain open. Assets are tiny and the issuer has all but thrown in the towel by stating that liquidation is possible pending a new capital infusion. The fund is long high-momentum stocks, almost completely offset by short positions in low-momentum equities. Relatively low correlations to major assets classes (thanks to true long/short exposure) is a positive characteristic of this fund. Shorting stocks isn’t cheap, and much of the expense shows up in the high fee here. The few remaining investors who might want to trade out due to closure risk should do so with great care. Avoid market orders and consider working with a liquidity provider for larger orders.

MOM Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
MOM -10.28% -3.28% -1.34% -1.83% 0.57% 0.40% --
MOM (NAV) -8.35% -2.79% 0.42% 0.28% 0.83% 0.12% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

MOM Summary Data

FQF Trust
AGFiQ
09/07/11
Open-Ended Fund
1.88%
$2.46M
$27.65K
0.88%

MOM Portfolio Data

Long/Short Equity
0.00%
09/14/12
203

MOM Index Data

Equal
Momentum
N/A

MOM Portfolio Management

1.88%
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MOM Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

MOM Fund Structure

Open-Ended Fund
Yes
No
No Policy
N/A
N/A
High
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

MOM Factset Analytics Block Liquidity

As of 09/20/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of MOM. MOM is rated a N/A out of 5.

MOM Tradability

718
$27.65K
312
$15.39K
0.88%
$0.23
-0.54%
24.51% / -3.66%
None
100.00%
50,000
0.01
0.12%
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0
$24.72
N/A

MOM Asset Allocation

Short
Long
Net
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0.00%

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0.00%

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0.00%

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0.00%

MOM Top 5 Holdings Long

107.66%
1.84%
NVR, Inc. 0.58%

MOM Top 5 Holdings Short

-105.22%

MOM Performance Statistics

0.28%
8.80%
-9.31%
-0.01
-0.01
-1.24
7.67

MOM Correlations (Daily Returns 12 Mo)

-0.14
0.23
-0.22

Correlation (Rolling 30 Day, 12 Mo)